Ethernity Networks (LON:ENET) Hits New 1-Year Low – Should You Sell?

Ethernity Networks Ltd. (LON:ENET)’s stock price hit a new 52-week low on Thursday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.11 ($0.00), with a volume of 3867726 shares. The stock had previously closed at GBX 0.11 ($0.00).

Ethernity Networks Stock Up 0.9 %

The stock has a market capitalization of £418,159.20, a P/E ratio of -3.70 and a beta of 0.58. The stock’s fifty day moving average is GBX 0.14 and its two-hundred day moving average is GBX 0.37. The company has a debt-to-equity ratio of 21.00, a current ratio of 0.42 and a quick ratio of 1.37.

About Ethernity Networks

Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets in Asia, Europe, Israel, and the United States. The company develops and delivers data processing technology and solutions for carrier Ethernet switching. It provides ENET flow processors for telco/cloud network; ACE-NIC40 SmartNIC, an open flow enabled software acceleration NIC; ACE-NIC50 SmartNIC, which offers 10/25G Ethernet connectivity and field-programmable gate array (FPGA) acceleration; and ACE-NIC100 SmartNIC that provides flexible 10/25/40/100G Ethernet connectivity and programmable FPGA acceleration.